In 1965, for example, GM had 409,000 hourly U.S. employees, nearly quadruple the 106,000 it has today. But the company had only about 58,000 people drawing retirement benefits, versus 460,000 today.The Soviet Empire,Delphi,GM,France,Germany,NYC,California state pensions,and Illinois state pensions.See a pattern here?
Friday, October 21, 2005
GM retirees bear brunt of deal
The Detriot Free Press has some interesting numbers: